Pulte Group reported Q3 earnings of $476 million, or $2.53 per share, as net new orders fell 6% to 6,208 homes. Fourth-quarter closings are expected to be 7,000 to 7,500 homes, with gross margin of 24.0% to 24.5%.
PHM · Pultegroup Inc · Documents
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Pultegroup Inc reported weaker third-quarter 2026 demand: net new orders decreased 6%, closings decreased 9%, average selling prices decreased 1%, and gross margin declined to 24.8% from 26.2%.
PulteGroup reported third-quarter net income of $476 million, or $2.53 per share, for third quarter 2026. Home sale revenues fell 9% to $3.9 billion, gross margin declined to 24.8%, and net new orders fell 6% to 6,208 homes.